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Current Affairs - 2021
The Supreme Court has directed which Mutual Fund company to distribute Rs 9122 crores to its unitholders?
A)
Baroda Mutual Fund
B)
Aditya Birla Sun Life Mutual Fund
C)
BNP Paribas Mutual Fund
D)
Franklin Templeton Mutual Fund

Correct Answer :   Franklin Templeton Mutual Fund


The Supreme Court has directed Franklin Templeton Mutual Fund to distribute Rs 9,122 crore to unitholders of the six schemes that were shut by the company in April 2020.
SBI Mutual Fund has been directed to carry out the process of disbursement. Franklin Templeton has been mandated to distribute the said money within twenty days from the date of order.

Published On : February 6, 2021
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